AVP, Model Development & Risk Analytics

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Karachi Division

On-site

PKR 2,000,000 - 4,000,000

Part time

3 days ago

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Job summary

National Bank of Pakistan in Karachi seeks a Manager - Model Development (AVP) to lead model risk management activities. The role focuses on developing and validating IFRS-9 and credit risk models, with responsibilities for documentation and MIS reporting.

The candidate should have a strong quantitative background, 6+ years in banking or financial institutions, and experience in model risk assessment and interpretation of regulatory requirements. Based in Karachi with contractual terms.

Qualifications

Minimum Graduation or equivalent preferably in Statistics / Finance / Economics / Actuarial Sciences from a local / international university recognized by HEC of Pakistan.
Candidates having a Masters degree and/or any other relevant professional certification(s) will be preferred

Responsibilities

To assist in developing and updating model risk management framework.
To assist in developing and implementing IFRS-9 models, credit rating models, RAROC, etc.
To validate and back test of credit risk ratings, IFRS-9 models.
To maintain comprehensive documentation for all models, including methodologies and assumptions.
To maintain MIS for model risk review and report results to risk committees and relevant stakeholders.
To monitor model performance to assess model accuracy, reliability and ensure compliance with regulatory requirements and internal standards.
To perform any other assignment assigned by the supervisor(s)